Tax fraud scams continue to evolve, becoming more sophisticated each year. In 2025, scammers are leveraging new technologies, including artificial intelligence and social media, to deceive taxpayers. The consequences of falling victim to tax fraud can be severe, ranging from identity theft to financial loss and legal complications. Understanding how these scams operate and taking […]
Do Tax Advocates Really Help?
Dealing with the IRS can be overwhelming, especially for taxpayers facing financial hardship. Tax advocates play a crucial role in ensuring that individuals and businesses receive fair treatment and assistance in resolving tax issues. These professionals act as intermediaries, helping taxpayers manage IRS matters while ensuring compliance with tax laws. Whether dealing with delayed refunds, […]
What is the IRS?
The Internal Revenue Service (IRS) is the federal agency responsible for administering and enforcing tax laws in the United States. Operating under the Department of the Treasury, the IRS plays a vital role in collecting taxes, processing tax returns, issuing refunds, and ensuring compliance with tax obligations. Understanding how the IRS functions is essential for […]
Tax Attorney vs CPA: Understanding the Key Differences
When dealing with taxes, choosing the right professional can make a significant difference in your financial and legal outcomes. Tax attorneys and certified public accountants (CPAs) both offer specialized expertise, but their roles serve distinct purposes. A CPA focuses on tax preparation, accounting, and financial planning, while a tax attorney provides legal counsel, represents clients […]
What is the PATH Act?
The Protecting Americans from Tax Hikes (PATH) Act of 2015 was a significant piece of tax legislation designed to provide tax relief, prevent fraud, and promote economic growth. Enacted on December 18, 2015, the law made several temporary tax provisions permanent while extending others. One of its primary goals was to enhance tax compliance by […]
Can I Claim My Parent as a Dependent?
Caring for an elderly parent can be a financial toll, especially when you also have children to care for. Claiming a parent as a dependent can provide significant financial benefits, but there are specific IRS rules and requirements that must be met to qualify. If you’re supporting an elderly parent, understanding these rules can help […]